| European Central Bank sees pressure ease (AP) While Federal Reserve chairman Ben Bernanke faces pressure to spur the U.S. recovery, European Central Bank president Jean-Claude Trichet can take life a bit easier. finance.yahoo.com |
FOREX-Dollar soft, hovers near 15-yr low vs yen (at Reuters) * Traders say dollar/yen may re-test 15-yr low of 84.72 yen * Euro hits 7-week low vs yen near 109 yen * Kan and Shirakawa likely to meet next Monday-govt source us.rd.yahoo.com |
Forex: British Pound Maintains Overnight Advance Despite Lower IMF Growth Forecast, U.S. Dollar Continues To Lose Ground [DailyFX] - The British Pound rallied to a fresh monthly high on Tuesday as the economic docket reinforced an improved outlook for the region, but market sentiment could play a greater role in driving price action throughout the North American session as risk appetite appears to be tempering off. finance.yahoo.com |
NZ dollar consolidates The New Zealand dollar consolidated around US75c today as investors took profits in the US dollar market ahead of a US payrolls report tonight.The NZ dollar soared to just below US76c on Thursday night but then it fell when the... nzherald.co.nz |
Euro Out of the Spotlight but Dollar Crosswinds Could Weigh Euro Out of the Spotlight but Dollar Crosswinds Could Weigh Fundamental Forecast for Euro: Neutral - ECB President Trichet corrects Weber’s calls for an early stimulus exit - PMI readings offer a proxy for European growth , the results: uneven and overall discouraging - EURUSD takes the first, critical steps toward confirming a larger reversal Three months ago, the euro was in charge of its own future; and the most prolific fundamental trends were sourced from the stability of the European markets. finance.yahoo.com |